| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
Cigna Corp [ CI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 02/26/2021 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Common Stock, $.01 Par Value | 02/26/2021 | A | 15,670(1) | A | $0.0000 | 65,136 | D | |||
| Common Stock, $.01 Par Value | 02/26/2021 | F | 2,727(2) | D | $210.31 | 62,409 | D | |||
| Common Stock, $.01 Par Value | 02/26/2021 | F | 6,270(3) | D | $209.9 | 56,139 | D | |||
| Common Stock, $.01 Par Value | 02/26/2021 | F | 8,016(4) | D | $210.31 | 48,123 | D | |||
| Common Stock, $.01 Par Value | 03/01/2021 | S(5) | 200 | D | $211.94(6) | 23,739 | I | By Trust | ||
| Common Stock, $.01 Par Value | 03/01/2021 | S(5) | 400 | D | $215.765(7) | 23,339 | I | By Trust | ||
| Common Stock, $.01 Par Value | 03/01/2021 | S(5) | 400 | D | $213.3125(8) | 22,939 | I | By Trust | ||
| Common Stock, $.01 Par Value | 03/01/2021 | S(5) | 1,800 | D | $214.0749(9) | 21,139 | I | By Trust | ||
| Common Stock, $.01 Par Value | 03/01/2021 | S(5) | 2,932 | D | $215.2559(10) | 18,207 | I | By Trust | ||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. The reported securities are shares of common stock received pursuant to the settlement of strategic performance shares for the 2018-2020 three-year performance period. The number of shares of common stock received was based upon actual performance against pre-established Company performance goals. |
| 2. Represents shares withheld to satisfy tax obligations upon vesting of restricted shares. |
| 3. Represents shares withheld to satisfy tax obligations upon vesting of restricted stock units. |
| 4. Represents shares withheld to satisfy tax obligations upon settlement of strategic performance shares. |
| 5. These transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 24, 2020. |
| 6. Represents the weighted average price of the shares sold. The prices actually received ranged from $211.58 to $212.30 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each price within the range. |
| 7. Represents the weighted average price of the shares sold. The prices actually received ranged from $215.74 to $215.82 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each price within the range. |
| 8. Represents the weighted average price of the shares sold. The prices actually received ranged from $212.64 to $213.58 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each price within the range. |
| 9. Represents the weighted average price of the shares sold. The prices actually received ranged from $213.64 to $214.59 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each price within the range. |
| 10. Represents the weighted average price of the shares sold. The prices actually received ranged from $214.73 to $215.72 per share. The reporting person will provide to the issuer, any security holder of the issuer, or the Securities and Exchange Commission, upon request, information regarding the number of shares sold at each price within the range. |
| By: Jill M. Stadelman, attorney-in-fact | 03/02/2021 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||